Boba Bhai, the Bengaluru-based tea and beverage chain, reported a 139% year-on-year (YoY) increase in revenue from operations to Rs 68 crore in FY26, compared with Rs 28.44 crore in FY25.
Food and beverage sales contributed Rs 67.26 crore, registering a 137.1% increase from the previous fiscal year and accounting for approximately 99% of the company’s operating revenue.
The brand operates around 100 stores across eight cities, catering to the growing demand for youth-focused beverage concepts in India’s quick-service restaurant (QSR) market.
Boba Bhai plans to expand its presence to 10 cities in FY27 and add 150–200 stores by the end of the fiscal year. The expansion follows a Rs 40 crore fundraise in March 2026, which is expected to support its growth and wider market reach.
